Central Banks

ConsenSys

WEF Launches Global Consortium for Crypto Governance

The WEF is creating a global consortium to develop a governance framework for cryptocurrencies, including stablecoins.

News  ·  26 January 2020
China

In Race for 2030 Currency Supremacy, the Dollar Is Its Own Worst Enemy

As the roaring '20s begin, the U.S. dollar looks as strong as ever. But signs of decline are on the horizon.

Markets  ·  31 December 2019
Central Banks

A Decade of Quantitative Easing Has Paved the Way for the Age of Digital Currency

Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift.

Policy & regulation  ·  20 December 2019
Regulation

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.

Policy & regulation  ·  28 October 2019
CBDC

Libra Shows Central Banks’ Failure on Cross-Border Payments: Riksbank

A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.

Business  ·  17 October 2019
Facebook

Libra Is ‘Catalytic Event’ for Central Banks, Says Head of Sweden’s Riksbank

Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money.

Policy & regulation  ·  15 October 2019
Russia

Russian Central Bank Chief: ‘No Obvious Need’ for National Cryptocurrency

Russia's central bank sees no strong reason to launch a national cryptocurrency that would override the potential risks, according to its chief.

Policy & regulation  ·  10 October 2019
SIX

Swiss Central Bank to Explore Use of Digital Franc in Settling Trades

Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.

Policy & regulation  ·  9 October 2019
Libra

ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years

Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies, and soon.

Policy & regulation  ·  27 September 2019
Japan

Japan’s Central Bank Chief Calls for International Effort on Libra Regulation

The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra.

Policy & regulation  ·  24 September 2019
Europe

Central Banks to Question Facebook-Led Libra Over Financial Risks

The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.

Policy & regulation  ·  16 September 2019
Japan

Now Japanese Regulators Are Getting Anxious About Facebook’s Cryptocurrency

Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.

Policy & regulation  ·  3 July 2019
Regulation

Russia’s Central Bank Is Considering Launching a Digital Currency

The head of Russia's central bank has said the institution is investigating the possible future launch of a digital currency.

Policy & regulation  ·  17 June 2019
Ethereum

14 Banks, 5 Tokens: Inside Fnality’s Expansive Vision for Interbank Blockchains

Fresh off a $63 million fundraise, execs at bank blockchain consortium Fnality shed some light on the often-secretive project's plan to tokenize fiat currency.

Markets  ·  13 June 2019
Regulation

Philippines Central Bank Warns on Risks of Growing Cryptocurrency Use

The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.

Policy & regulation  ·  11 June 2019